Is your church a cult?

iVillage Member
Registered: 02-06-2009
Is your church a cult?
1
Fri, 02-27-2009 - 7:11pm

I was reading

Pages

iVillage Member
Registered: 06-27-1998
Wed, 03-11-2009 - 7:08pm

Again....http://www.irs.gov/pub/irs-pdf/p525.pdf 


Page 33, gifts are not taxable income.


Edited to add, it hasn't been stated anywhere that hours working for a charity are deductible, cause they aren't.


PumpkinAngel

iVillage Member
Registered: 02-06-2009
Wed, 03-11-2009 - 7:10pm

There wasn't much to follow.

iVillage Member
Registered: 02-06-2009
Wed, 03-11-2009 - 7:17pm

You mean I can't deduct minimum wage for every hour I donate to coaching the town baseball team?

iVillage Member
Registered: 06-27-1998
Wed, 03-11-2009 - 7:22pm

<

PumpkinAngel

iVillage Member
Registered: 06-27-1998
Wed, 03-11-2009 - 7:23pm

Nope you can not deduct hours given for charitable work and the gift card the team gives you as a thank you at the end of the season, isn't taxable either.


PumpkinAngel

iVillage Member
Registered: 02-22-2007
Wed, 03-11-2009 - 7:24pm

Oh please.

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?
iVillage Member
Registered: 02-06-2009
Wed, 03-11-2009 - 7:25pm
That was an erroneous interpretation of the law.
iVillage Member
Registered: 02-22-2007
Wed, 03-11-2009 - 7:35pm

An excellent analysis of de minimis:

http://www.nysscpa.org/cpajournal/2006/406/essentials/p50.htm

This analysis is limited to the employer/employee relationship, however.

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?
iVillage Member
Registered: 02-22-2007
Wed, 03-11-2009 - 7:36pm

Please provide me some evidence to back up your assertion.

Thanks.

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?

++++++++++++++++++

Why hide your light under a bushel of bears, I ask you?
iVillage Member
Registered: 02-06-2009
Wed, 03-11-2009 - 7:44pm
It's also old.

Pages